Adobe

2023 - 1 - 10

Post cover
Image courtesy of "Business Insider"

Leaders need to love their role, 'have other passions,' Adobe CEO ... (Business Insider)

Shantanu Narayen, who has been Adobe CEO for 15 years, has transformed the company, with revenue increasing over fivefold during his tenure.

A lot of Figma's services are free, easy to collaborate with, and work in a browser, while Adobe Creative Cloud subscriptions are expensive and have performance bugs, according to [designers who spoke to Insider](https://www.businessinsider.com/designers-react-adobe-20-billion-figma-acquisition-2022-9). Since the initial stock drop, Adobe's share price has slowly climbed. [Designers who use Figma weren't thrilled](https://www.businessinsider.com/designers-react-adobe-20-billion-figma-acquisition-2022-9) about the acquisition. [overseen Adobe's transformation](https://www.businessinsider.com/adobe-ceo-shantanu-narayen-leadership-people-centric-policies-strategic-mindset-2021-3?IR=C) from selling boxed creativity software into a cloud-based subscription-services company. "I'd rather focus my effort internal to the company because they will then be my brand evangelists." [company is committed](https://www.businessinsider.com/figma-acquisition-adobe-chief-product-officer-2022-9) to keeping Figma autonomous and doesn't want to "get in the way" of its growth. That allows me to have the longevity that I've had." "I love what I do," Narayen said. [Comparably](https://www.comparably.com/companies/adobe) and [Glassdoor](https://www.glassdoor.com/Overview/Working-at-Adobe-EI_IE1090.11,16.htm), and Adobe continues to rank as one of the best companies to work at, according to Glassdoor. [The company's most recent move](https://www.businessinsider.com/figma-acquisition-adobe-chief-product-officer-2022-9) sent its [stock falling 15%](https://finance.yahoo.com/news/adobe-plummets-15-20-billion-151612362.html): In September, Adobe announced it would be acquiring design-software competitor Figma for $20 billion. [telling Insider in 2021](https://www.businessinsider.com/adobe-ceo-shantanu-narayen-leadership-people-centric-policies-strategic-mindset-2021-3?IR=C) that all of Adobe's intellectual property "is in our employees' heads." The company's revenue has increased more than fivefold, from $3.16 billion in 2007 to over $17 billion in 2022, and its [workforce grew](https://www.businessinsider.com/adobe-ceo-shantanu-narayen-leadership-people-centric-policies-strategic-mindset-2021-3?IR=C) from 6,000 to 22,00.

Post cover
Image courtesy of "Livemint"

Adobe's CEO Shantanu Narayen sizes up the state of tech now | Mint (Livemint)

Narayen talks about volatility in the industry, Adobe's $20 billion Figma deal and setting priorities for the year.

Explore the last week